A company has recorded the following variances for a period:
sales volume variance $10,000 adverse
sales price variance $15,000 favourable
Total cost variance $12,000 adverse
standard profit on actual sales for the period was $120,000
what was the fixed budget profit for the period?
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budgeting
8y ago#1There is no point in setting me test questions and expecting me to provide an answer.
Unless you were set this as a test, you must have an answer in the same book in which you found the question. You should ask about whatever it is in the answer that you are not clear about and then I will help you.
I assume that you have watched my free lectures? The lectures are a complete free course for Paper F2 and cover everything needed to be able to pass the exam well.
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